Volatile currency pairs
One indicator that determines the profitability of trades is Volatility. This indicator
characterizes the distance between the minimum and maximum price values over a day or trading session.
Volatile Forex currency pairs allow you to earn the maximum number of pips from a single trade, thereby reducing the size of the consolidated spread.
A good profit can be achieved even with a single trade, allowing for trading even pairs with wide spreads.
This indicator should be considered by traders who trade on medium-term timeframes; it plays little role when using scalping or pipsing.
Currently, the following exchange-traded assets have the greatest range of movement:
USD/RUB and EUR/RUB are currently the most volatile currency pairs, with the Russian ruble changing not just by pips but by percentages per session. The price rises and falls by 1-2 rubles, and this is in a calm market, to say nothing of the movements during sharp fluctuations in oil prices, with which the Russian ruble is closely correlated . In addition to these, other ruble pairs can be used in trading if they are available through your broker.
GBR/CHF can move 100 to 200 pips per session, with the greatest movement observed during the European currency session, as both currencies fall within this timeframe. This pair is slightly less active during other forex sessions.
GBR/JPY : The volatility of this currency pair is slightly less than the previous one, at 100-150 pips per session. A fairly long uptrend is formed during interventions by the National Bank of Japan.
USD/CHF - for those who like to trade in the American Forex session, the range of fluctuations during the session ranges from 80 to 120 pips.
EUR/USD - the beloved EUR/USD also performs well; when trading on the European or American markets, the pair can move up to 100 pips. This is especially attractive given its minimal spread.
Less volatile currency pairs such as USD/JPY, EUR/JPY, GBR/USD, and EUR/JPY can move from 30 to 100 pips per day. However, be aware that even the most volatile asset often enters a flat , which practically blocks trading.
Recently, brokers have begun adding cryptocurrencies to their list of available trading instruments, with Bitcoin traditionally leading the way. Consequently, the Bitcoin/US dollar currency pair is the most volatile.
The movement of this pair is so strong that it can move several percent in a day. Record changes reach 30% within 24 hours, a real rally in which participants earn huge amounts of money or almost instantly lose their deposits.
